RNIS COLLEGE OF INSURANCE
|
|
- Jayson Reeves
- 8 years ago
- Views:
Transcription
1 RNIS COLLEGE OF INSURANCE NEW IC 33 MODEL TEST 4 1. Insurance needed by a person can be determined by a. Human Life Value method b. Life Term proposition method c. Future Life value method. d. Human Economic value method Ans. A 2. Insurable interest is not present in the following case a. A person insuring his own life. b. A father taking out a life policy on the life of his son. c. A person insuring his colleague. d. Employer taking a life insurance policy on his employees. Ans. C 3. State which of the following ones is a transactional product. a. Bank Deposit. b. Life Insurance c. Shares in stock market. d. Bonds and debentures Ans. A 4. Term Policy is ideally suited for a. One who needs periodical sums of money in his life? b. One who has a high insurance budget. c. One who has a low insurance budget. d. One who looks for high returns. Ans. c 5. State which is correct. a. Policyholder cannot earn market rate of interest on his cash value. b. In universal Life plan policyholder can vary payments of premium. c. Universal Life plan is a traditional plan of assurance d. Variable life insurance is a temporary plan of insurance. Ans. b 6. Which one of the below is not a case of annuity? a. Payment of Rs.10, 000 received today last year on the same day and likely payment of a similar sum by the insurer next year. b. Electricity Bill. c. Car payments made by the loanee car owner. d. Periodical mortgage payments. Ans. b 7. State the correct statement out of the following ones. a. Primary care means acute care to a patient in a hospital b. It means extensive care provided to a patient in a acute setting. c. First point of contact for health care to a needy person. d. Care provided by experts to solve a medical problem faced by a patient. Ans. c 8. State the incorrect statement of the following ones. a. Premium for an MRP as a collateral for a bank loan need not be paid as the bank is expected to pay the same. b. Keyman life policy can compensate for losses incurred due to stoppage of work following the absence of the keyman from work. c. Keyman life policy proceeds can be set off against lost income from lost business. d. Keyman can provide compensation to protect profits. Ans. a
2 9. Mortgage Redemption Insurance is nothing but a. It is a constant term insurance b. It is an increasing term insurance. c. It is savings insurance like universal life insurance. d. Decreasing Term Insurance Ans. d. 10. Which is correct? a. Extra benefits are allowed by the insurer in a life policy on payment of an extra premium b. Double Accident benefit is a free item in a life policy. c. Permanent Disability, like DAB, is also a free benefit not chargeable. d. Extra premium for health and extra premium for extra benefits are like each other. Ans. A 11. State the incorrect statement of the following ones. a. In a term insurance the benefits are fixed throughout the duration. b. In an MRI the insurance benefit on account of cover will decrease year after year. c. There is no material difference between a term insurance policy and an MRI as far as benefits are concerned. d. MRI is suitable for a loan sought from a bank as a mortgage cover. Ans. c 12. What are the factors in determining premium in a life policy? a. Policy reserves. b. Mortality. c. Expenses. d. All the above. Ans. d 13. Surplus is defined as a. Excess value of assets over liabilities. b. When turnover of the insurer is high. c. Excess value of liabilities over assets. d. Excess of liabilities. Ans. a 14. State the correct statements. a. KYC document is to be collected by the insurer from the proposer. b. Identity of the proposer is the main purpose of KYC. c. Pan card is a proof of one s identity while seeking life cover. 15. Identify the correct statement a. Bonus is not allowed on surrender of a policy. b. In compound reversionary bonus it is a percentage of basic benefit and already attached bonus. c. Terminal bonus and compound bonus are one and the same. d. Persistence bonus is allowed by the insurer at its discretion in certain cases. Ans. b 16. State which is correct out of the following a. Horoscope like a certificate of baptism is a standard age proof. b. Horoscope like certified extract from a family bible as to the date of birth is a standard age proof c. Horoscope like a marriage certificate issued by a Roman catholic church is a standard age proof. d. Horoscope is a non-standard proof of age for life insurance purposes. Ans. d 17. What is the incorrect statement out of the following ones? a. Agent s report is not always compulsory. b. Agent s report should contain details of proposer s health, habits, occupation, income and family. c. Agent is a primary underwriter from insurer s point of view. d. Prospectus is a legal document. Ans. a
3 18. State the incorrect statement. a. Money laundering is an illegal practice of bringing into nation s economy by hiding the source of the money and the true identity of the person involved. b. Life Insurance Company will return the entire premium under free look provisions. c. Moral Hazard is not easily assessable unlike physical risk of the proposer. d. Standard and non-standard age proofs are not mutually interchangeable. Ans. b. 19. State the incorrect statement a. In the event of loss of policy document, no fresh proposal needed. b. The insurer will in such an event issue a duplicate policy without making any change in the contract. c. No fresh underwriting is involved for issue of a duplicate policy. d. The assured has to approach a competent court of law and obtain an order directing the insurer to issue a duplicate policy. Ans. d. 20. The first part of the policy document deals with a. Policy claim settlement procedure. b. Policy schedule. c. Standard provisions. d. Specific policy provisions. Ans. b 21. State the incorrect of the following. a. Amount of premium need not be shown; only sum assured is to be shown. b. There is no provision for name of the nominee in the policy. c. Mode of payment of claim is also shown in the policy. d. Date of birth of the assured has to be shown in the policy. Ans. c. 22. Out of the following what is the specific provision in a policy? a. First Pregnancy clause. b. General provisions. c. Policy schedule. d. Standard provisions. Ans. a 23. What is correct a. Loan is a privilege available only in some policies. b. If interest on loan is not paid, it becomes part of the loan. c. Nomination can be made by the proposer in the proposal itself. 24. Pick out the correct statement. a. Extension of premium paying period is normally allowed as an alteration in a policy. b. Increase in sum assured will be welcomed as a preferred alteration in a policy. c. Splitting of a policy into two or more is allowed as an alteration. d. Notice is not always necessary in an assignment to be given by the assured to the insurer. Ans. c. 25. What is the duration of grace period in a policy? a. 30 days. b. One month c. One month or 30 days. d. 31 days. Ans. d. 26. Pick out the correct ones. a. Nomination can be changed at will by the assured during the course of the policy. b. Assignment can also be changed at will by the assured without referring to the assignee c. Witness for an assignment is not mandatorily required. d. Like nomination, assignment can also be effected in the proposal Ans. a
4 27. Who of the following may not qualify for a non-medical underwriting? a. An IT manager in TCS. b. A bank officer for a large sum proposed. c. A worker aged 50 in an underground coal mine. d. A manager in a shopping mall. Ans. c 28. In which case is the moral hazard present? a. A Bank manager with moderate occasional consumption of alcohol. b. A race goer with betting habits and usually a heavy consumer of alcohol. c. A university professor asking for a large cover on his life. d. Where in a proposal the nominee is a near dependant of the proposer. Ans. b. 29. Pick out the correct statement. a. Personal history and family history of a proposer are equally important. b. In a non-medical proposal family history is not asked for. c. Large sum assured is not a factor to be considered in non-medical underwriting. d. Moral Hazard is not relevant in non-medical underwriting. Ans. a 30. What is defined an early claim? a. Whenever the claim arises before the end of the policy term it is an early claim. b. If the claim arises after 5 years, it is an early claim. c. All death claims are early claims. d. A claim by death within three years of commencement. Ans. d 31. State the incorrect sentence a. No Maturity claim is paid on the close of Term insurance. b. In Money Back policy interim payments are made after certain frequencies. c. In Money back policy on death within the policy duration full sum assured is payable without deducting the interim instalments already paid. d. There is no such thing as rider benefit in a policy contract. Ans. d. 32. In a ULIP claim before the date of maturity will give a. Higher of the sum assured or the fund value. b. Lower of the sum assured or the fund value. c. Return of premiums with savings bank rate of interest. d. Surrender value. Ans. a 33. State which is correct. a. There is no difference between an individual agent and a corporate agent as both of them represent an insurance company. b. An agent can work for a life insurer as also a non-life insurer, either individually or together. c. A composite agent means an agent working for one life and one non-life insurer. 34. Who will issue licence to an applicant on his certification as per regulations? a. Designated person in the insurer s office as authorised by the IRDA. b. An officer of the IRDA. c. Controller of Insurance in the Ministry of Finance. d. An official of the Insurance Institute of India. Ans. a
5 35. Identify the incorrect statement out of the following ones. a. There is a bar on appointment of a minor as agent of an insurance company. b. A person found guilty of fraud or any criminal offence is ineligible for appointment as agent of an insurer. c. A minor can be appointed agent of a life insurance company. d. No applicant is exempt from mandatory training before appointment as agent. Ans. c 36. What is correct? a. Agency licence is to be renewed once in 3 years. b. An agent s licence has to be renewed after 5 years of issue. c. A licence has to be renewed once in 10 years. d. There is provision for life time licence, once issued. Ans. a 37. Identify the correct options. a. Life insurance selling is different from selling of other items. b. Life insurance involves concept selling and hence challenging. c. An agent has to create in his client s mind need for life insurance. 38. Identify two most important and basic qualities for a good and successful agent. a. Self-respect and high knowledge. b. Empathy and ego drive. c. Wealth and desire to increase it through life insurance agency. d. Blessings of elders and help from bosses. Ans. b 39. Direct marketing involves a. Bancassurance b. Insurance agents. c. Telemarketing d. All the above categories. Ans. c 40. An agent can work on the following basis for successful results. a. Natural market is a source of market for a life insurance agent. b. A satisfied client can be an effective referral to an agent for further references. c. Family and friends can offer an easy opportunity for being contacted for life insurance selling. 41. Pick out the incorrect statement. a. Being open, confident and positive is not so important for an agent. b. Being punctual for appointments is important for an agent. c. Presenting oneself appropriately is important for an agent. d. Being fully prepared for the interview with facts and details is important. Ans. a 42. Active listening is a. Paying close attention to the speaker and occasionally smiling or nodding one s head. b. Giving one s comments on the points raised by the other party. c. While being attentive to the speaker, giving occasional nod and smile along with feedback. d. All the above. Ans. d 43. Which of the following is not a tangible good? a. Life Insurance. b. A television set. c. Iphone. d. A farmhouse. Ans. a
6 44. In Need Analysis the steps followed are a. Analysis of present and future needs of the client b. Financial value of the above needs. c. Gap between funds needed for goals fulfilment and the available funds with the client. 45. Identify the incorrect statements. a. Consumer Disputes involving private insurance companies can be heard by Consumer Forum or commission. b. Life Insurance does not come under Consumer Protection Act c. Complaints can be lodged against private insurers as also public sector companies/corporation like LIC. d. Complaints can be lodged only life insurance companies as also non-life insurance companies. Ans. b. 46. The limit of the National Consumer Disputes Commission is a. Rs.100 lakhs. b. Rs. No limit[.unlimited ] c. Rs.150 lakhs only. d. Rs.75 lakhs. Ans. b 47. Which is incorrect statement? a. Complainant has to approach a consumer forum before moving the Ombudsman. b. The complaint has to be lodged with in two year of the insurer rejecting the compliant. c. There is no separate financial limit of various forum and commissions 48. State which of the following sentences is correct. a. There is an Ombudman for defined territorial limits. b. There is one Ombudsman for each state in India. c. There is only one Chief Ombudsman for the whole country. d. Ombudsman has no upper financial limit. Ans. a 49. Identify the correct option out of the following. a. Licence for agency is issued by the Insurance company. b. Licence for a non-life insurance agency is issued by SEBI. c. Life Insurance agency licence is issued by Life Insurance Council. d. Agency licence in all cases is issued by the IRDA through the Designated Parson of the Insurer. Ans. d 50. Identify the correct statement. a. Closing a sale is the art of persuading the prospect to buy now based on the recommendation of the agent. b. Offering alternatives as to mode of payments will quicken the closing. c. Undue pressure tactics on the prospect are to be always avoided in a close of sales interview. d. All the above Ans. d.
RNIS COLLEGE OF INSURANCE
RNIS COLLEGE OF INSURANCE NEW IC 33 MODEL TEST 3 1. What fee is payable by the aggrieved person to the District Consumer Forum while filing his complaint? a. Rs.250 b. Rs.100 c. 10% of the relief sought
More informationRNIS COLLEGE OF INSURANCE
RNIS COLLEGE OF INSURANCE NEW IC 33 MODEL TEST 1 1. Which is correct? a. Insurance is a kind of investment. b. Insurance is nothing but a gamble. c. Insurance is risk transfer of pooling of similar risks.
More informationThe Insurance Handbook
The Insurance Handbook CONTENTS 1 TYPES OF INSURANCE PLANS STAKEHOLDERS/PARTIES TO THE CONTRACT POLICY FEATURES UNIT-LINKED AND INVESTMENT SPECIFIC 2 3 POLICY BENEFITS 8 5 OTHER INSURANCE SPECIFIC 10 TYPES
More informationYou must always read the fine print of the contract and understand the limits or exclusion clauses.
Introduction This is an introductory guide to help you understand how life insurance works.it gives you basic information so that you can make an informed decision when purchasing life insurance policy.
More informationStart small. Save big.
Start small. Save big. PRODUCT BROCHURE A long term savings plan with bonuses, guaranteed additions and insurance protection* *Terms and Conditions apply. Your life is full of responsibilities. As a responsible
More informationChapter 1 Introduction to Insurance. Life Insurance History and evolution
Chapter 1 Introduction to Insurance Intro: This chapter presents the basics of insurance and how it works as a tool for risk transfer. Life Insurance History and evolution History of Insurance in India
More informationEnsure your tomorrow is as beautiful as today.
Ensure your tomorrow is as beautiful as today. HDFC LIFE PERSONAL PENSION PLUS A Traditional Participating Pension Plan Building A Foundation For Your Financial Freedom After Retirement Please note that
More informationGuarantee a great start to fulfill your dreams
Guarantee a great start to fulfill your dreams KOTAK PREMIER ENDOWMENT PLAN A Life Insurance Plan Kotak Premier Endowment Plan is a long-term savings and protection plan that provides financial security
More informationFAQs POLICY SERVICING
CASHIERING 1] What are the modes of payment available? Monthly [only S.I. & C.C.], Quarterly, Half yearly, Annually 2] What are the methods of payment? By local cheque, DD, ATM, S.I on banks / credit card,
More informationHDFC Life SuperSavings Plan
A Plan which enhances your family s financial security! Savings & Investment Plans HDFC LIFE SUPER SAVINGS PLAN A Traditional With-Profit Plan With Life Insurance Coverage Reap Benefits Of Long Term Savings
More informationCLAIMS AND SETTLEMENT
Claims and Settlement MODULE - 3 7 CLAIMS AND SETTLEMENT 7.0 INTRODUCTION The Insurance Policy is taken by the consumers to compensate them in the event of happening of an unforeseen event. It is a hedge
More informationI've ensured that my wife will never have to adjust! Have you?
I've ensured that my wife will never have to adjust! Have you? Features #Built2Adjust Increase life cover @ key milestones Lumpsum + Monthly claim settlement 1 *Premium amount for Regular Pay, Male, 25
More informationYou must always read the fine print of the contract and understand the limits or exclusion clauses.
Life insurance Introduction This is an introductory guide to help you understand how life insurance works. It gives you basic information so that you can make an informed decision when purchasing life
More informationSYLLABUS FOR IMF EXAMINATION [As per IRDAI (Registration of Insurance Marketing Firms) Regulations, 2015] SECTION I
NATIONAL INSURANCE ACADEMY, PUNE SYLLABUS FOR IMF EXAMINATION [As per IRDAI (Registration of Insurance Marketing Firms) Regulations, 2015] SECTION I 1. INSURANCE MARKETING FIRM S REGULATIONS 2. PRINCIPLES
More informationIN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER Shriram Shri Plus (SP) II (UIN: 128L025V01) Shriram Life comes with a single premium unit linked plan Shriram Shri
More informationGet more Cover Pay Limited Premiums
Get more Cover Pay Limited Premiums Flexibility Limited Premium Payment Term of 7 & 10 years Convenience Available with No Medicals* New & Improved HDFC Life ClassicAssure Plus Security And Prosperity
More informationLIFE INSURANCE. and INVESTMENT
INVESTMENT SAVINGS & INSURANCE ASSOCIATION OF NZ INC GLOSSARY OF LIFE INSURANCE and INVESTMENT TERMS 2 Accident Benefit A benefit payable should death occur as the result of an accident. It may be a stand-alone
More informationReliance Endowment Plan. secure your dreams today...
Reliance Endowment Plan secure your dreams today... ...give wings to them tomorrow Reliance Endowment Plan It takes a lot for a dream to become a reality. And money is surely an important part of it. Reliance
More informationPREMIUM AND BONUS. MODULE - 3 Practice of Life Insurance. Notes
4 PREMIUM AND BONUS 4.0 INTRODUCTION A insurance policy needs to be bought. This comes at a price which is known as premium. Premium is the consideration for covering of the risk of the insured. The insured
More informationGet life insurance with guaranteed returns on your investment.*
P RODUCT B ROCHURE Protection. Protection with guaranteed returns. Get life insurance with guaranteed returns on your investment.* Invest ` 1 lakh and get ` 1.801 lakhs after 10, plus life cover. (For
More informationICICI Pru Savings Suraksha is a participating life insurance plan.
ICICI Pru Savings Suraksha is a participating life insurance plan. 1 Understanding your needs All of us need a sound financial plan to achieve our goals in life: buying a house, securing our children s
More informationTata AIA Life Insurance Insta Wealth Plan
Tata AIA Life Insurance Insta Wealth Plan Tata AIA Life Insurance Insta Wealth Plan (A Non Linked Participating Endowment Assurance Plan) In today's fast paced life, we all like to keep things simple.
More informationInvestment by foreign direct investors in to Insurance company is restricted to 12% 25% 40% 26%
In life insurance business if a person is working in calculating premium rates of insurance products, then he is mostly likely a member of Institutes of actuaries of India Insurance institute of India
More information12 Which one of the following statements is true with regard to Children s policies?
Insurance Regulatory and Development Authority Question Paper 1 Insurance works on the principle of a Trust b Sharing c Randomness d All of the above 2 Insurance is legitimate a when an adverse happening
More informationI want my savings to be within my reach to fulfill my family s desires.
life insurance I want my savings to be within my reach to fulfill my family s desires. Child s Marriage Holiday Retirement Child s Education Bharti AXA Life Flexi Save A Plan that offers you the choice
More informationWhy wait to live your dreams?
Future Generali Secure Income Why wait to live your dreams? A money back life insurance plan that gives you the freedom to decide when you want your returns. Future Generali Secure Income is an insurance
More informationFulfil the smaller joys in life, through regular income
Fulfil the smaller joys in life, through regular income Savings & Investment Plans HDFC Life Super Income Plan A traditional participating plan with insurance coverage Fulfil your dreams...uninterrupted!!!
More informationMax Life Group Super Life Plus A Group Term Life Insurance Plan UIN: 104N073V01
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT About Max Life Max Life Insurance, one of the leading private life insurers, is a joint venture between Max India Ltd. and Mitsui Sumitomo Insurance
More informationPREMIER PROTECTION PLAN
SUD Life PREMIER PROTECTION PLAN Non Linked Non Participating Term Plan UIN-142N013V02 SUD Life Premier Protection Plan A TERM INSURANCE PLAN Your family's security is your prime responsibility. Today
More informationNATIONAL INSURANCE COMMISSION GUIDELINES ON APPLICATIONS FOR APPROVAL OF NEW AND REPACKAGED LIFE INSURANCE PRODUCTS
NATIONAL INSURANCE COMMISSION GUIDELINES ON APPLICATIONS FOR APPROVAL OF NEW AND REPACKAGED LIFE INSURANCE PRODUCTS 1.0 INTRODUCTION In a bid to protect policyholders, section 45 of Insurance Act, 2006
More informationTata AIA Life Insurance Money Maxima
Tata AIA Life Insurance Money Maxima Tata AIA Life Insurance Money Maxima (An Endowment Assurance Plan) Each one of us has a goal in mind when we plan our savings. This goal eventually impacts the way
More informationSecure your child s future. At every step. A savings plan to support your child s important milestones.
Secure your child s future. At every step. A savings plan to support your child s important milestones. What are the key features of the plan? Guaranteed annual payouts to fund important milestones Bonuses
More informationICICI Pru Cash Advantage - A comprehensive solution for your needs. ICICI Pru Cash Advantage is a participating life insurance plan.
You have always worked hard to fulfil your family's needs your children's education, your parents' medical expenses or that dream family vacation. To be able to meet these responsibilities, you need a
More informationReliance Life Insurance Money Multiplier Plan. Multiply your investment while securing your life
Reliance Life Insurance Money Multiplier Plan Multiply your investment while securing your life Reliance Life Insurance Money Multiplier Plan You want to do everything you can to protect the people you
More information(C.O Circular Ref.: Actl/1035/4 dt. 05.07.74)
KEYMAN INSURANCE Keyman insurance is an insurance taken by a business firm on the life an employee (Keyman) whose services contributed substantially to the success of the business of the firm. The object
More informationMONEY BACK PLANS. For the year 2004-05 the two rates of investment return declared by the Life Insurance Council are 6% and 10% per annum.
MONEY BACK PLANS 1. Money Back with Profit Unlike ordinary endowment insurance plans where the survival benefits are payable only at the end of the endowment period, this scheme provides for periodic payments
More informationReliance Life Insurance Money Multiplier Plan
Mktg/Brochure/Version 1.0/November 2010 Reliance Life Insurance Money Multiplier Plan multiply your investment while securing your life TM Reliance Life Insurance Company Limited (Reg. No 121) Registered
More informationSecure your hard earned assets. This is a non-linked non-participating protection oriented insurance plan
Secure your hard earned assets This is a nonlinked nonparticipating protection oriented insurance plan ICICI Pru Loan Protect a NonParticipating NonLinked Term Insurance Plan ICICI Pru Loan Protect is
More informationIN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. SHRIRAM LIFE INSURANCE COMPANY LTD Shriram Life Insurance Company Ltd is a joint venture of the Shriram Group with
More informationWEEKWISE SYLLABUS 2015-16 CLASS : XI (VOCATIONAL) SUBJECT : LIFE INSURANCE (786) TIME : 3 HRS. M.M. : 100 THEORY 60 PRACTICAL
WEEKWISE SYLLABUS 2015-16 CLASS : XI (VOCATIONAL) SUBJECT : LIFE INSURANCE (786) TIME : 3 HRS. M.M. : 100 THEORY 60 PRACTICAL 40 THEORY PRACTICAL Unit-1 : Introduction to Insurance and Practice of Insurance
More informationWith Small Investment... Get Protection Along With Happiness Invest in SBI Life CSC Saral Sanchay to gain benefits of both Life Insurance and Saving.
D GUARANTEE RATE # ly Conditions App ER ES T MI NIM UM INT #Refer to page 2 for details With Small Investment... Get Protection Along With Happiness Invest in SBI Life CSC Saral Sanchay to gain benefits
More informationAlways more than you can ask for!
Reliance Life Insurance Super Endowment Plan Always more than you can ask for! Just pay for half the term and enjoy benefits for full policy term plus get high return on your investments Reliance Life
More informationDHFL Pramerica Smart Cash Protect, A Participating Endowment cum Insurance Plan.
DHFL Pramerica Smart Cash Protect, A Participating Endowment cum Insurance Plan. It is very difficult to predict what life holds for us. Hence when it comes to making long term plans, we often keep things
More informationSave, Secure and Prosper. IndiaFirst Simple Benefit Plan (Non Linked Individual Participating Endowment Plan)
Save, Secure and Prosper IndiaFirst Simple Benefit Plan (Non Linked Individual Participating Endowment Plan) Before You Start Reading Important Note IndiaFirst Simple Benefit Plan is referred to as the
More informationHow do I fulfill the little joys in my loved ones' lives?
life insurance How do I fulfill the little joys in my loved ones' lives? Bharti AXA Life Monthly Income Plan+ A Plan that offers guaranteed* Monthly Income with the upside of nonguaranteed bonuses. *You
More informationReliance Life Insurance Guaranteed Money Back Plan
Reliance Life Insurance Guaranteed Money Back Plan As you sow so shall you reap... Life Insurance = Protection + Money Back Reliance Life Insurance Guaranteed Money Back Plan is a Non-linked, Non-participating
More informationNow, both protection and wealth, guaranteed*.
Future Generali Pearls Guarantee Now, both protection and wealth, guaranteed*. This is a Non-Linked, Non-Participating Life Insurance Plan with limited premium payment term and guaranteed* cash back. Future
More informationWhat is Secure Joint Life Plan?
Jubilee Life s Secure Joint Life Plan gives you and your family total financial security and peace of mind while providing life insurance coverage to two lives simultaneously. It provides you a solution
More informationLife can be complex. Your Life Insurance shouldn t be.
Future Generali Saral Bima Life can be complex. Your Life Insurance shouldn t be. This is a Non-Linked, Non-Participating, Regular Premium, Endowment Insurance Plan. Future Generali Saral Bima is an insurance
More informationGreat strokes come from a fearless attitude.
Great strokes come from a fearless attitude. Aviva Corporate Life Plus Key Features Non-Linked Non-Participating Plan Product UIN: 122N067V03 Aviva Corporate Life Plus is a group term assurance plan designed
More informationTata AIA Life Insurance Maha Raksha Supreme
Tata AIA Life Insurance Maha Raksha Supreme Tata AIA Life Insurance Maha Raksha Supreme We all want to ensure that our loved ones are never short in terms of financial resources to live the life of their
More informationAapki Zaroorat - Education Funding Edelweiss Tokio Life EduSave [A Non-Linked Participating Life Insurance Plan]
Aapki Zaroorat - Education Funding Edelweiss Tokio Life EduSave [A Non-Linked Participating Life Insurance Plan] Toll Free : 1800 2121212 Email : care@edelweisstokio.in Visit us at www.edelweisstokio.in
More informationMax Life Platinum Protect II Non Participating Regular Pay Term Insurance Plan (UIN: 104N060V02)
LIFE INSURANCE COVERAGE IS AVAILABLE IN THIS PRODUCT. About Max Life Insurance Max Life Insurance, one of the leading life insurers, is a joint venture between Max India Ltd. and Mitsui Sumitomo Insurance
More informationAapki Zaroorat - Wealth Enhancement Edelweiss Tokio Life Single Pay Endowment Assurance Plan
Aapki Zaroorat - Wealth Enhancement Edelweiss Tokio Life Single Pay Endowment Assurance Plan Toll Free : 1800 2121212 Email : care@edelweisstokio.in @ Visit us at www.edelweisstokio.in Edelweiss Tokio
More informationIs there a plan that secures me for life and provides guaranteed payouts?
life insurance Is there a plan that secures me for life and provides guaranteed payouts? Up to yrs Life Cover Bharti AXA Life Aajeevan Sampatti+ A plan that offers dual advantage of guaranteed* annual
More informationStep up protection for added responsibilities.
DICAL NO ME P UP STE ON Step up protection for added responsibilities. Trade Logos displayed above belong to Kotak Mahindra Old Mutual Life Insurance Limited s promoting partners Kotak Mahindra Bank Limited
More informationHow do I provide a lifetime of happiness and protection to my loved ones at the click of a button?
life insurance How do I provide a lifetime of happiness and protection to my loved ones at the click of a button? Bharti AXA Life eaajeevan Sampatti+ A plan that offers a dual advantage of guaranteed*
More informationVision Endowment Plan
Vision Endowment Plan A traditional with profits life insurance plan Frequently Asked Questions UIN 109N080V02 TRA/1/13-14/6550 January, 2014 Prepared by Product Management 1 For Internal Circulation only
More informationSyllabus. Draft Syllabus For the Trade of INSURANCE 2002. Under Craftsmen Training Scheme (CTS) Designed by. Year - 2002.
Syllabus Draft Syllabus Fro For the Trade of of INSURANCE 2002 INSURANCE Under Craftsmen Training Scheme (CTS) Designed by Year - 2002 Designed by GENERAL INFORMATION Government of India Ministry of Labour
More informationTerms and conditions
Terms and conditions The Financial Conduct Authority is the independent watchdog that regulates financial services. Contained in this document is information which the Financial Conduct Authority requires
More informationFlexible Life Plan Key Features
Flexible Life Plan Flexible Life Plan Key Features This document shows the main points about your plan. Please read it with your personal illustration and keep it with the other documents relating to your
More informationINFORMATION TO BE PROVIDED IN SALES BROCHURE. LIC s NEW JEEVAN ANAND (UIN: 512N279V01)
INFORMATION TO BE PROVIDED IN SALES BROCHURE LIC s NEW JEEVAN ANAND (UIN: 512N279V01) LIC's New Jeevan Anand Plan is a participating non-linked plan which offers an attractive combination of protection
More informationWhat is ICICI Pru CashBak?
In your life, you always look forward to certain milestones. It may be the birth of a child in your family, the education of your children or purchasing a new home. These milestones have financial liabilities
More informationRe: Deduction of Income Tax at source from sum payable under the Life Insurance Policy in terms of Section 194 DA of the Finance Act 2014
CRM Department, Central Office. 5 th Floor (Link), Yogakshema, Jeevan Bima Marg, P.O.Box No.19953, Mumbai 400 021. Tel : 66598353, Fax : 22825829 E-mail co_crm@licindia.com ----------------------------------------------------------------------------------------------------------------------
More informationTata AIA Life Insurance Freedom
Tata AIA Life Insurance Freedom Tata AIA Life Insurance Freedom (A Non Linked Participating Endowment Plan) With the rising life expectancy which is expected to stretch to late 70 s or early 80 s, it s
More informationAnalysis of Children Insurance Plans in the Present Context
IJMT, Volume 2 Number 1 January-June, 2012 pp. 39-45 Analysis of Children Insurance Plans in the Present Context G. BALACHANDAR 1, PANCHANATHAM 2 & K. SHEIK MYTHEEN 3 INTRODUCTION Life insurance in our
More informationA short-term responsibility that assures long-term peace of mind
Plan for success no matter what your child's passion A short-term responsibility that assures long-term peace of mind Birla Sun Life Insurance Vision Star Plan A traditional participating insurance plan
More informationReliance Term Plan. Protect yourself...
Reliance Term Plan Protect yourself... ...protect your loved ones Reliance Term Plan Life, as we know, is full of uncertainties. And to keep ahead of them, you need to plan ahead. Reliance Term Plan is
More informationMINNESOTA REQUIREMENTS, DEFERRED INDEXED ANNUITIES
Edition: 11/2010 MINNESOTA REQUIREMENTS, DEFERRED INDEXED ANNUITIES I. Minnesota Specific Requirements The following are the requirements that the department analysts will be applying to deferred indexed
More informationPART B. An accident is a sudden, unforeseen and involuntary event caused by external, visible and violent means.
Kotak Permanent Disability Benefit Rider UIN (107B002V03) A. DEFINITIONS: 1. Accident: PART B An accident is a sudden, unforeseen and involuntary event caused by external, visible and violent means. 2.
More informationCanara HSBC Oriental Bank of Commerce Life Insurance esmart Term Plan UIN 136N023V01 TERMS AND CONDITIONS
Canara HSBC Oriental Bank of Commerce Life Insurance esmart Term Plan UIN 136N023V01 TERMS AND CONDITIONS 1. Introduction, Interpretation & Definitions 1.1. Introduction: This Policy document evidences
More informationFuture Generali Loan Suraksha- Single Premium Sample Rates
Category: Home Loan Sum Assured: Rs. 30 Lakh, Interest rate: 10.5 %, Mortality rate: 40% Age/ Term 5 10 15 20 25 30 20 8,340 11,040 13,590 16,080 18,660 21,510 25 8,580 11,490 14,460 17,670 21,330 25,800
More informationPolicy. Conditions. Protection Policy Conditions. Protection
Protection Policy Conditions Policy Conditions Protection IMPORTANT Please keep these documents safely The utmost care should be taken of this policy as duplicates of lost policies can not generally be
More informationINSURANCE DICTIONARY
INSURANCE DICTIONARY Actuary An actuary is a professional who uses statistical data to assess risk and calculate dividends, financial reserves, and insurance premiums for a business or insurer. Agent An
More informationChild Solutions Tata AIA Life Insurance Good Kid A Non-Linked, Participating Child Plan
Child Solutions Tata AIA Life Insurance Good Kid A Non-Linked, Participating Child Plan Tata AIA Life Insurance Good Kid A Non-Linked, Participating, Anticipated Endowment Plan with inbuilt Waiver of Premium
More informationCMFAS M9 Life Insurance And Investment Linked Policies
CMFAS M9 Life Insurance And Investment Linked Policies Module Description: The objectives of this module are to provide candidates with the knowledge on and understanding of traditional life insurance
More informationDHFL Pramerica Flexi Cash, A Participating Non Linked Endowment Insurance Plan
DHFL Pramerica Flexi Cash, A Participating Non Linked Endowment Insurance Plan The power of choice is one of the greatest powers we have and the power to ensure that your family s and your future remains
More informationPay less, get more insurance. Smart isn t it? Cheaper, faster, simpler life insurance. Available only online.
Pay less, get more insurance. Smart isn t it? Cheaper, faster, simpler life insurance. Available only online. Insurance is about protecting your loved ones against an untimely loss. It is about securing
More informationMax Life - Life Gain Plus 20 (Participating Plan) UIN: 104N014V01
Max Life Life Gain Plus 20 is a limited pay endowment plan to meet your financial goals to ensure you complete peace of mind. Plan Details Entry Age Maximum Maturity Age Premium Payment Term Regular Premium
More informationSBI LIFE -PRODUCT FEATURES
SBI LIFE -PRODUCT FEATURES KEYMAN INSURANCE Why a keyman policy? Person covered Min. & Max. at entry Maximum Cover Age Minimum Term To protect the Corporate against the financial consequences due to the
More informationReliance Life Insurance Family Income Benefit Rider
Reliance Life Insurance Family Income Benefit Rider Reliance Life Insurance Family Income Benefit Rider We often hear stories of people who die and leave financial problems for their families to settle.
More informationFINANCIAL DISCLOSURES FOR THE QUARTER ENDED JUNE 30, 2013
REGISTRATION NO 104: DATE OF REGISTRATION WITH IRDA : NOVEMBER 15, 2000 FINANCIAL DISCLOSURES FOR THE QUARTER ENDED JUNE 30, 2013 Form No Description Pages L-01 REVENUE ACCOUNT 2-5 L-02 PROFIT & LOSS ACCOUNT
More informationKeep achieving milestones Even after retirement
Keep achieving milestones Even after retirement» Analyse your Retirement needs» Understand the product in detail» Know the tenure of Renewal Premium Payments Retirement means giving up work and continuing
More information- LIFE INSURANCE CORPORATION OF INDIA CENTRAL OFFICE. Dept.: Product Development Jeevan Bima Marg, Mumbai 400 021
- LIFE INSURANCE CORPORATION OF INDIA CENTRAL OFFICE Dept.: Product Development Yogakshema, Jeevan Bima Marg, Mumbai 400 021 Ref: CO/PD/66 3 rd March, 2015 All HODs of Central Office All Zonal Offices
More informationlife insurance a plan that gives me money at regular intervals and secures my future in the long term too Bharti AXA Life SaveConfident
life insurance a plan that gives me money at regular intervals and secures my future in the long term too Bharti AXA Life SaveConfident In life, all your financial needs don t arrive at your doorstep at
More informationKey Features of The Red Rose Friendly Society Ltd Tax Exempt Endowment With-Profits Plan
The Financial Conduct Authority and the Prudential Regulation Authority are the independent financial services regulators. They requires us,., to give you this important information to help you to decide
More informationSave, Secure and Prosper. IndiaFirst Cash Back Plan. (Non Linked, Non Participating, Limited Premium, Money Back Insurance Plan)
Save, Secure and Prosper IndiaFirst Cash Back Plan (Non Linked, Non Participating, Limited Premium, Money Back Insurance Plan) Before You Start Reading Important Note IndiaFirst Cash Back Plan is referred
More informationSecuring my family s future is my top priority.
Securing my family s future is my top priority. Introduction You strive to provide comfort, happiness and security to your family. Even if something unfortunate were to happen to you, you would want your
More informationPART B. An accident is a sudden, unforeseen and involuntary event caused by external, visible and violent means.
UIN (107B019V01) PART B A. DEFINITIONS: 1. Accident: An accident is a sudden, unforeseen and involuntary event caused by external, visible and violent means. 2. Claimant: Means, the Policyholder; or the
More informationTerms of Business. Who we are? Whose policies do we offer? Which service will we provide you with?
Terms of Business The Financial Conduct Authority is the independent watchdog that regulates financial services. Contained in this document is information which the Financial Conduct Authority requires
More informationYears of happiness, insured in minutes. Instant insurance, across the counter.
Future Generali Instalife Years of happiness, insured in minutes. Instant insurance, across the counter. Call us at: 1800-220-233 (MTNL / BSNL) or 1860-500-3333 (any other service provider). SMS FG to
More informationHDFC Standard Life Insurance Company Limited. PROTECTION PLANS Secure your family s financial Independence and self-respect
PROTECTION PLANS Secure your family s financial Independence and self-respect You have always ensured that your loved ones keep living a respectable life with their heads held high. But life can be uncertain.
More informationThe actual term and the premium paying term for these plans are as under.
FEATURES: Jeevan Surabhi plan is similar to other money back plans.however main differences in regular money back plans and Jeevan Surabhi are as under Maturity term is more than premium paying term. Early
More information500.4107 Separate account annual statement and other information to be submitted to commissioner.
THE INSURANCE CODE OF 1956 (EXCERPT) Act 218 of 1956 CHAPTER 41 MODIFIED GUARANTEED ANNUITIES 500.4101 Definitions. Sec. 4101. As used in this chapter: (a) Interest credits means all interest that is credited
More informationUNCERTAIN TIMES NEED CERTAIN SOLUTIONS! Aegon Life Guaranteed Income Advantage Insurance Plan
UNCERTAIN TIMES NEED CERTAIN SOLUTIONS! Aegon Life Guaranteed Income Advantage Insurance Plan INTRODUCTION In today s life, very few things come with guarantees. Life can be uncertain but your financial
More informationSOW A SEED TODAY. REAP REGULAR PAY-OUTS TOMORROW. INTRODUCING AEGON LIFE REGULAR MONEY BACK INSURANCE PLAN.
SOW A SEED TODAY. REAP REGULAR PAY-OUTS TOMORROW. INTRODUCING AEGON LIFE REGULAR MONEY BACK INSURANCE PLAN. ARE YOU CONCERNED ABOUT: Financial security of your family in case of your absence Generating
More informationCelebrate being a part of the group
IDBI Federal Termsurance Group Premium Return Insurance Plan Celebrate being a part of the group A life cover that protects your key relationships. THIS PRODUCT BROCHURE ONLY GIVES THE SALIENT FEATURES
More informationLife Insurance. Is your insurance company listening to you? Handbook on
Is your insurance company listening to you? If your complaints have not been addressed by your insurance company, please contact to register your complaints and track their status or you may email us at
More informationComprehensive protection for your home loan.
Comprehensive protection for your home loan. Life Insurance Cover for your home loan liability Full cover for your loan when liability increases due to hike in interest rates Cover for the entire sanctioned
More information